SC reserves verdict on plea challenging NCLAT order over Byju's insolvency proceedings

Sep 26, 2024

The Supreme Court on Thursday reserved its order on a plea challenging a National Company Law Appellate Tribunal decision to halt insolvency proceedings initiated...

GoFirst flights grounded for almost two months after it filed insolvency

Jun 21, 2023

In early May, Go First filed for bankruptcy at the National Company Law Tribunal and suspended its flight operations due to rising losses, primarily...

National Company Law Appellate Tribunal upholds NCLT's Go First insolvency order

May 22, 2023

The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the National Company Law Tribunal (NCLT) order which had admitted Go First Airlines' voluntary...

Insolvency filing 'depressing' in growing Indian market, says Airbus India chief

May 18, 2023

Amid concerns from lessors in the wake of Go First insolvency proceedings, aircraft maker Airbus on Thursday said the industry expects the government to...

NCLT declares real estate developer Supertech insolvent for default of Rs 432 cr

Mar 25, 2022

New Delhi [India], March 25 : National Company Law Tribunal (NCLT) on Friday ordered insolvency proceedings against real estate developer Supertech Ltd for default...

WeWork's catastrophic collapse: Tech unicorn files for bankruptcy in US

Nov 07, 2023

In a news release, CEO of WeWork David Tolley said, "Now is the time for us to pull the future forward by aggressively addressing...